J.P. Morgan moves to the sidelines on China's Bilibili and NetEase

7 hours ago 1
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J.P. Morgan has downgraded Chinese digital entertainment names Bilibili (NASDAQ:BILI) and NetEase (NASDAQ:NTES) to "neutral" from "overweight" on Monday.

On Bilibili, the research firm sees limited catalysts for the company and is cautious on its strategy game, Sanmou, which is facing a high

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